Which of the Following Statements Show That Is Not

question 65

Multiple Choice

Which of the following statements show that is not continuous at ?

• A) has opposite signs on the two sides of
• B) implies that
• C) For any , implies that
• D) is continuous at , since is continuous at this point
• E) A and C are correct.

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Definitions:

Spot Exchange Rate

The current price for exchanging one currency for another for immediate delivery, reflecting the value of one currency in terms of another at a specific moment in time.

Forward Trade

A financial contract agreement to buy or sell assets at a specified future date and price, used primarily in commodity and currency markets.

Forward Exchange Rate

The agreed upon exchange rate for a currency pair to be traded at a future date, used in hedging and speculation.

Spot Exchange Rate

The current price for which one currency can be exchanged for another.